Maike, Barnes & Hosseinipour file for acquittal and new trial
Richard Maike, Doyce Barnes and Faraday Hosseinipour are trying to weasel out of being found guilty.
Following their conviction by jury in September, the trio have filed for an acquittal and retrial.
Maike (right) filed the acquittal and new trial motions on September 21st. The DOJ filed their response on November 4th.
Issues raised in favor of acquittal and a new trial include:
- testimony from several DOJ expert witnesses, with respect to “the legal definition of a pyramid scheme” and being “unqualified to offer an opinion about pyramid schemes”;
- testimony from a retired FBI Special Agent (retired December 2021 but worked on the case from beginning to end), that is alleged to have not been “first-hand personal knowledge” when it was;
- testimony from an IRS Revenue Agent (Maike argues an expert witness should have testified on tax fraud instead of the Agent);
- the jury not being instructed to find that the Infinity2Global defendants “knew that i2G was operating as a pyramid scheme” (the DOJ argues there’s no requirement for this);
- there was “insufficient evidence” presented to show that Infinity2Global’s $5000 Emperor positions constituted a security;
- evidence submitted pertaining to defendants’ involvement in the BidXcel Ponzi scheme and manipulation of I2G income positions was improper (despite the court overruling objections raised during trial)
- generally speaking, “the evidence produced at trial was insufficient to support defendants’ convictions”
- jury instructions pertaining to Maike withholding information from his accountants does not appear on “jury instruction on tax evasion” (this pertains to Maike’s “good faith” argument, essentially trying to shift blame to his accountants);
- issues with statutes of limitations on the then alleged fraudulent acts;
It should be noted that the DOJ called up “over 30 witnesses” throughout the Infinity2Global trial. Whereas not explicitly clarified above, the DOJ has pushed back on all of the raised arguments above.
I haven’t covered them in detail because it’s mostly legal procedural issues being argued, the specifics of which aren’t particularly interesting.
In addition to the above issues, Faraday Hosseinipour (right) has thrown her lawyers under the bus.
This is from the DOJ’s response filing;
Hosseinipour complains that trial counsel failed to adequately assist in plea negotiations.
Here, the United States met with Hosseinipour in-person for four hours to discuss “the pending charges” and “possible paths forward.”
During the meeting, the United States “extensively went over the terms of the [proposed] plea agreement . . . and how the process would work if Hosseinipour decided to accept the plea agreement.”
Hosseinipour refused the agreement because the United States “would not offer me anything less than a felony, and I had previously expressed that I did not want to plead guilty to a felony.”
The record shows no evidence of a failure to convey a plea offer or conduct plea negotiations.
Trial counsel’s actions resulted in Hosseinipour going to trial rather than taking a plea.
Instead, the record shows that Hosseinipour and the United States reviewed the plea offer for four hours, and that Hosseinipour decided not to accept it.
Like any defendant convicted at trial, Hosseinipour now wishes she would have pled guilty, but that remorse is insufficient for granting a new trial.
The Strickland Standard is a long-standing Supreme Court ruling that “established the standard for determining when a criminal defendant’s Sixth Amendment right to counsel is violated by that counsel’s inadequate performance.”
The particulars aren’t relevant to this article but if you do want more information it’s available at Strickland v. Washington on Wikipedia.
Hosseinipour also complains that trial counsel provided ineffective assistance at trial because he “failed to present certain arguments,” showed an “inability to make appropriate objections,” and “left a key witness, Anzalone, unimpeached.”
Hosseinipour alleges a laundry list of errors—that trial counsel failed to “conduct discovery, object to the admission of evidence, interview witnesses, review necessary documents, file motions with actual merit, produce exhibits, impeach biased witnesses, properly examine witnesses, focus on the trial, return Hosseinipour’s calls and emails, observe the attorney-client privilege, and present or even look into exculpatory evidence.”
Given the lack of specificity of Hosseinipour’s claims — her motion does not include a single citation to the trial record — it is difficult to apply the Strickland test here.
Moreover, to the extent Hosseinipour does include specific complaints, the trial record undermines them.
Despite having failed to specifically identify any evidence or argument to support her motion for ineffective assistance, Hosseinipour requests an evidentiary hearing.
The Court should deny this request, as Hosseinipour has provided insufficient evidence of ineffective assistance of counsel in her motion.
Given all the delays in the lead up to the Infinity2Global trial and the abundance of evidence presented, Maike’s Barnes’ and Hosseinpour’s motions come off as desperate.
I’m not expecting any push back from the court but as of yet a ruling on the motions have yet to be made.
Maike, Barnes and Hosseinipour are otherwise scheduled for sentencing on December 12th. We’ll keep you posted.
Update 13th December 2022 – Maike’s, Barnes’ and Hosseinpour’s motion for acquittal and a new trial was denied on December 7th.
At the time of this update I don’t have confirmation of the sentences handed down. I’ve provided an update as per the respective case dockets in the comments below (#4).
Update 16th December 2022 – Richard Maike has been sentenced to 10 years in prison.
Maike got 10 years must serve 85%. Barnes Friday.
In 10 years he will weigh 900 lbs! 10 years is good.
Hopefully he dies in prison of being a fat worthless piece of excrement.
Thanks for the update. On my list for today (World Cup is almost over!).
edit: Lol crypto is in meltdown today. SBF arrested, CZ likely to be indicted at some point and a $900 mill initial bank run on Binance.
Popcorn and fappin ahoy! I’ll try to squeeze a few articles in.
Alright so I’m looking at the case docket and there’s no sentencing judgment as of yet.
I assume the sentencing went ahead but isn’t going to show up till tomorrow.
A December 8th Sentencing Memorandum for Maike saw the DOJ push for a 125 year prison sentence.
Citing another court case in which a 50 year sentence was handed down for a $35 mill Ponzi (I2G was $34 mill), the DOJ states “a similar sentence would be sufficient”.
There’s nothing on Faraday Hosseinipour’s docket other than the denial order for the acquittal and new trial motion.
Doyce Barnes’ December 8th Sentencing Memorandum has the DOJ pushing for 324 to 405 months (27 to ~33 years).
I’ll publish an article once I can confirm what the actual sentences are.
OK thanks OZ.
Not sure what’s going on with this case.
There’s a December 12th filing on Maike’s case docket, pertaining to the Sentencing Hearing.
The filing is sealed and I can’t access it.
On Doyce Barnes’ case docket we have sentencing continued to December 16th.
There are no updates on Hosseinpour’s case docket.
I’m assuming sentencing filings that are sealed will be unsealed on December 16th, or after that whenever Hosseinipour is sentenced.
Will check back on the 17th.
OK cool. I heard Hosseinipour is trying to get a deal if she helps with the other two convictions. May be that’s why the delay on sentencing.
What a long drawn out deal AMAZING!
Any updates on their sentencing today?
Apparently Barnes has been sentenced. Article out later today.
I just checked the docket and there’s no entry for Barnes’ sentencing.
A reader wrote in and let me know he’s been sentenced to 4 years. I’ll confirm when the docket is updated (likely Monday).
justice.gov/usao-wdky/pr/two-men-sentenced-federal-prison-30-million-pyramid-scheme
OZ Hosseinipour got 30 months today.
Thanks. On my list to report on today.
There’s a filing acknowledging Hosseinipour’s sentencing was held but the filing itself is sealed.
Will check back tomorrow.
Also noted Maike filed an appeal against his sentencing.
I thought Maike was denied his appeal?
Maike tried to get his conviction overturned, which was denied. Now he’s appealed his sentence.
Got ya! Thanks.
Chuck … Faraday was already sentenced to 2.5 years. I am assuming the appeals court has reaffirmed the sentence minus time served.
Rich I know shes home now did the court reaffirm?
I just checked the I2G docket a few days ago, wasn’t any updates on the appeal.